Britain’s Legal & General Group will sell its general insurance business to a UK subsidiary of Germany’s Allianz for £242m, reports Reuters. Legal & General will use the funds to reinvest in its core businesses, […]
Arch Insurance (UK) Limited, part of Arch Insurance International, has completed the acquisition of Axiom Underwriting, having initially purchased a 60% share in the business in 2015. The acquired business, which generated approximately £20 million […]
SPB UK, subsidiary of affinity insurance specialist SPB Group, is pleased to announce the acquisition of insurtechs Loyal Insurance Services Limited and Square Pound Limited. Owners of the brands Insurance2go and Better Buy Insurance respectively, […]
TOWERGATE SPONSORS AWARDS IN WALES Towergate has been announced as sponsor of the Small Finance Team Award which celebrates outstanding achievement in a team, with the awards shindig taking place on April 5th at Cardiff City […]
The County Group has concluded the purchase of Swinford Insurance Consultants Ltd (Swinford), based in Kinver (West Midlands). This is their first deal completed in 2019 which will be a transformational year. Dave Clapp, CEO […]
The Ardonagh Group, owners of Bishopsgate Insurance. Carole Nash Insurance Consultants, Geo Underwriting, Towergate and more, anoounced the formal completion of the Swinton buyout deal, with regulatory aproval granted, just as 2018 drew to a […]
Trak Global Group (TGG) is to acquire Intelligent Mechatronic Systems Inc (IMS), based near Toronto in Canada and operating globally, for an undisclosed fee. The deal will give Trak Global Group – which already provides […]
Zurich UK has reached an agreement to acquire Oak Underwriting plc from RSA Insurance. The agreement will transform Zurich’s scale in the high net-worth sector and reinforces the company’s focus on achieving a leadership position […]
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